Borron Street, Portwood, Stockport, SK1 2JD

£540,000

Size

6,411

Tenure

Leasehold

EPC

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Parking

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Primary use
Commercial development

No floor / site plan

Key features

  • Investment property let to Lookers Motor Group Ltd on a 10 year FRI lease (subject to an option to break in December 2027)
  • Passing rent of £51,000 per annum exclusive
  • ERV circa £60,000 per annum exclusive - rent review December 2027
  • Net Initial Yield 7.03% and reversionary yield 8.63%
  • Located of Junction 27 of M60 motorway
  • Site area 1,615 sq.m (1,932 sq.yds/0.40 acre approx.) providing car parking for 40 plus cars
  • Manchester Airport within 15 minutes' drive
  • Nearby occupiers include Tesco Extra, Lookers, Guy Salmon Land Rover Jaguar, Porsche, Home Bargains, TK Maxx and Currys, Marks & Spencer Foodhall

Description

Detached, town centre, industrial/warehouse investment property let on an FRI lease to a single tenant Lookers Motor Group Ltd, with a site area of 1,615 sq.m (1,932 sq.yds/0.40 acre) approx
Additional information
Service charge
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Business rates
£11,988
Use class
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Listed building
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Leasehold: Ask agent
Tenure
Leasehold
Length of lease
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements
Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

Borron Street, Portwood, Stockport, SK1 2JD

NEAREST STATIONS

National Rail

Stockport Station

1.01 miles

National Rail

Brinnington Station

1.22 miles

National Rail

Reddish South Station

1.47 miles

About Fairhurst Buckley, Stockport

Fairhurst Buckley, Stockport

Specialist property expertise, unrivalled local knowledge and excellent customer service from Stockport and South Manchester's largest team of Chartered Surveyors, Commercial Property Experts and RICS Registered Valuers.

A focus on our customers is at the heart of what we do. We constantly strive to offer the very best possible service and give straight-talking advice at all times. Our approach means we are trusted and collaborative partners of many in the local business community. We are proud to have been part of the evolution of Stockport and we are passionate about its future.

We offer a wide range of property services, including Commercial Property Sales & Lettings, Commercial Property Acquisitions, RICS Commercial Property Valuations, Property Management, Rent Collection, Building Surveys, Project Management, Schedules of Condition & Dilapidations, CDM Regulations Advice, Lease Renewals, Rent Reviews, Facilities Management and RICS Home Surveys.

Our commitment and customer-focused service is underpinned and driven by qualified professionals who have a real passion for what they do. From selling and letting local South Manchester commercial properties to surveying and offering facilities management services on a national level. Our goal is to continue to offer that personal touch that comes with being a local business to delivering a service that reaches the length and breadth of the country.

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Disclaimer - Property reference 274FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Fairhurst Buckley, Stockport. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.